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Mitsubishi Logistics (FRA:MIB) Cyclically Adjusted FCF per Share : €2.11 (As of Mar. 2024)


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What is Mitsubishi Logistics Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Mitsubishi Logistics's adjusted free cash flow per share for the three months ended in Mar. 2024 was €1.351. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €2.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mitsubishi Logistics's average Cyclically Adjusted FCF Growth Rate was 11.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Mitsubishi Logistics was 12.30% per year. The lowest was 5.30% per year. And the median was 10.20% per year.

As of today (2024-06-19), Mitsubishi Logistics's current stock price is €29.80. Mitsubishi Logistics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.11. Mitsubishi Logistics's Cyclically Adjusted Price-to-FCF of today is 14.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mitsubishi Logistics was 15.01. The lowest was 8.16. And the median was 12.50.


Mitsubishi Logistics Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Mitsubishi Logistics's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mitsubishi Logistics Cyclically Adjusted FCF per Share Chart

Mitsubishi Logistics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 1.93 2.05 2.15 2.11

Mitsubishi Logistics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.15 2.03 2.11 2.15 2.11

Competitive Comparison of Mitsubishi Logistics's Cyclically Adjusted FCF per Share

For the Integrated Freight & Logistics subindustry, Mitsubishi Logistics's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitsubishi Logistics's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mitsubishi Logistics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Mitsubishi Logistics's Cyclically Adjusted Price-to-FCF falls into.



Mitsubishi Logistics Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Mitsubishi Logistics's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.351/107.2000*107.2000
=1.351

Current CPI (Mar. 2024) = 107.2000.

Mitsubishi Logistics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.103 98.000 0.113
201409 0.605 98.500 0.658
201412 0.366 97.900 0.401
201503 0.647 97.900 0.708
201506 0.157 98.400 0.171
201509 0.660 98.500 0.718
201512 0.161 98.100 0.176
201603 0.515 97.900 0.564
201606 0.153 98.100 0.167
201609 0.643 98.000 0.703
201612 0.809 98.400 0.881
201703 0.451 98.100 0.493
201706 0.355 98.500 0.386
201709 0.598 98.800 0.649
201712 0.321 99.400 0.346
201803 0.606 99.200 0.655
201806 0.215 99.200 0.232
201809 0.584 99.900 0.627
201812 0.410 99.700 0.441
201903 0.878 99.700 0.944
201906 0.028 99.800 0.030
201909 0.814 100.100 0.872
201912 -0.086 100.500 -0.092
202003 0.970 100.300 1.037
202006 0.342 99.900 0.367
202009 2.026 99.900 2.174
202012 0.663 99.300 0.716
202103 0.743 99.900 0.797
202106 0.002 99.500 0.002
202109 0.826 100.100 0.885
202112 0.303 100.100 0.324
202203 2.293 101.100 2.431
202206 0.486 101.800 0.512
202209 0.842 103.100 0.875
202212 1.025 104.100 1.056
202303 1.227 104.400 1.260
202306 0.483 105.200 0.492
202309 0.981 106.200 0.990
202312 0.593 106.800 0.595
202403 1.351 107.200 1.351

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Mitsubishi Logistics  (FRA:MIB) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Mitsubishi Logistics's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=29.80/2.11
=14.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Mitsubishi Logistics was 15.01. The lowest was 8.16. And the median was 12.50.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Mitsubishi Logistics Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Mitsubishi Logistics's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Mitsubishi Logistics (FRA:MIB) Business Description

Traded in Other Exchanges
Address
19-1, Nihonbashi, Nihonbashi Dia Building, 1-chome Chuo-ku, Tokyo, JPN, 103-8630
Mitsubishi Logistics Corp is a logistics and real estate investment company, domiciled in Japan. The company organizes itself into two segments: logistics and real estate. Logistics, which contributes the majority of revenue, includes warehousing; air, ocean, and rail transportation; port-terminal operations; and international freight forwarding. The real estate segment buys, sells, and lease office buildings and other commercial real estates. Mitsubishi Logistics derives the vast majority of revenue domestically.